An insurer shall issue and mail any refund due the insured within 20 days after the insurer receives a request for cancellation or, if the insurer cancels the policy, within 20 days after the effective date of the cancellation.
S.D. Admin. R. 20:06:29:03
General Authority: SDCL 58-11-63
Law Implemented: SDCL 58-11-63.